Korea Merchant Electricity Prices

Although all of the generating plants in Korea are owned by KEPCO subsidiaries, there has been a merchant electricity price market with bidding for many years. The website for the South Korean merchant market looks like it reports hourly prices and I have some old hourly prices, but I had a bit of trouble retrieving the old prices. At any rate, the monthly prices are instructive in evaluating the prices in the comparative USD/MWH.

Studying the market also demonstrates that as with so many other markets in the world, the natural gas price is highly correlated with electricity prices.


Korea Month by Month.xlsx
Prices SMP&BLM – Value of Plants.zip